Tech is now everywhere - and fundamental to London's growth

Tech has infiltrated all aspects of business in the capital (Source: Getty)

Russ Shaw

The third London Technology Week will formally start today in Shoreditch with entrepreneurs, academics and government leaders coming together to celebrate technology – the city’s fastest growing industry.

A lot has changed since the inaugural launch in 2014.

London now has a global reputation for producing world-class tech companies, with more unicorns than any other European country.

More than 300,000 people are employed by the sector in the capital and billions of dollars are invested into our digital scaleups. The questions around whether London can compete on the global tech stage have been answered.

My hope is that London Technology Week acts not only as a showcase for the capital’s digital excellence, but a chance to break down the remaining barriers between tech startups and scaleups and the wider city.

London Technology Week has a theme this year of convergence – highlighting disruption across almost every industry operating in the city. But let’s take it one step further, and demonstrate the convergence of technology innovation around the lives of every Londoner, every business and every City Hall policy.